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#billionaires

41 messages38 participants7 messages aujourd’hui

My friend's poster at yesterday's demo in S.F.

We should be demanding, organizing, and fighting for the abolition of billionaires, seizing their wealth, using it to provide free public services for everyone, a universal basic income, guaranteed housing, food, healthcare, not for a return to the shitty, pre-Trump status quo.

#HandsOff#HandsOn#ubi
Suite du fil

"The bluster around tariffs and revenue does create a good smokescreen to divert attention from the key Republican policy, redistributing wealth from the average citizen to the wealthy.

For all their talk about the revenue that these tariffs are going to bring in, Republicans are once again proposing massive tax cuts for the rich."

~ Matt Bernardini

#Musk #Trump #tariffs #SocialSecurity #DOGE #TaxCuts #billionaires #EconomicElites
/4

bylinesupplement.com/p/trumps-

Byline Supplement · Trump's Tariffs: How to Lose Friends and Impoverish AmericansPar Matt Bernardini

The targeting of state supreme courts by special interests and billionaires can leave the public with the impression that justices are no different than any politician: devoted to serving their political allies, court observers say.

propublica.org/article/wiscons

ProPublicaWill Extreme Spending and Partisanship Undermine Trust in State Supreme Courts?
Plus via ProPublica

#Leon_Trotsky was highly critical of the #Stalinist_USSR for suppressing #Democracy and the lack of adequate coherent #EconomicPlanning. :skp904:

In Results and Prospects, written in 1906, #Trotsky outlines his theory in detail, arguing: "History does not repeat itself. However much one may compare the #RussianRevolution with the Great French Revolution, the former can never be transformed into a repetition of the latter."
In the #FrenchRevolution of 1789, France experienced what Marxists called a "bourgeois-democratic revolution"—a regime was established wherein the bourgeoisie overthrew the existing French feudalistic system. The bourgeoisie then moved towards establishing a regime of #DemocraticParliamentaryInstitutions.

However, while democratic rights were extended to the bourgeoisie, they were not generally extended to a universal franchise. The freedom for workers to organize unions or to strike was not achieved without considerable struggle.

Trotsky argues that because a majority of the branches of industry in Russia originated under the direct influence of government measures—sometimes with the help of government subsidies—the capitalist class was again tied to the ruling elite. The capitalist class was subservient to European capital.

*** 21st century - What has changed is the capitalist class has divided, unequally, creating Hyper-Capitalism. Hyper-Capitalists (#Billionaires and #Trillionaires) influence elections (Mass Media and Campaign Fund Raising), so that the political class become subservient to them. In time, they become directively and publically involved in government. #HyperCaptitalists #HyperCapitalism
#Musk #TrumpRegime #TrumpCoup #Trump

"𝚆𝚎 𝚊𝚛𝚎 𝚋𝚞𝚛𝚒𝚎𝚍 𝚋𝚎𝚗𝚎𝚊𝚝𝚑 𝚝𝚑𝚎 𝚠𝚎𝚒𝚐𝚑𝚝 𝚘𝚏 𝚒𝚗𝚏𝚘𝚛𝚖𝚊𝚝𝚒𝚘𝚗, 𝚠𝚑𝚒𝚌𝚑 𝚒𝚜 𝚋𝚎𝚒𝚗𝚐 𝚌𝚘𝚗𝚏𝚞𝚜𝚎𝚍 𝚠𝚒𝚝𝚑 𝚔𝚗𝚘𝚠𝚕𝚎𝚍𝚐𝚎;
𝚚𝚞𝚊𝚗𝚝𝚒𝚝𝚢 𝚒𝚜 𝚋𝚎𝚒𝚗𝚐 𝚌𝚘𝚗𝚏𝚞𝚜𝚎𝚍 𝚠𝚒𝚝𝚑 𝚊𝚋𝚞𝚗𝚍𝚊𝚗𝚌𝚎 𝚊𝚗𝚍 𝚠𝚎𝚊𝚕𝚝𝚑 𝚠𝚒𝚝𝚑 𝚑𝚊𝚙𝚙𝚒𝚗𝚎𝚜𝚜.
𝚆𝚎 𝚊𝚛𝚎 𝚖𝚘𝚗𝚔𝚎𝚢𝚜 𝚠𝚒𝚝𝚑 𝚖𝚘𝚗𝚎𝚢 𝚊𝚗𝚍 𝚐𝚞𝚗𝚜."

─ 𝘛𝘰𝘮 𝘞𝘢𝘪𝘵𝘴

#TomWaits#quote#quotes

Now do average millionaires.

"Zuckerberg, Bezos and Musk each lose more than $23 billion after Trump tariffs"

msn.com/en-au/money/markets/zu

Collectively, the two-day drop wiped out $30.9 billion in net worth for Elon Musk, $23.49 billion for Jeff Bezos and $27.34 billion for Mark Zuckerberg...according to Bloomberg's Billionaires Index. The world's 500 richest people experienced the biggest two-day loss ever recorded by the index.

#Trump#tariffs#loss
Suite du fil

"The sweeping package of tariffs unveiled by Donald Trump on Wednesday includes an exemption for the energy sector, which is a clear sign of the president’s fealty to his big oil donors over the American people, advocates say."

~ Dharna Noor

#Trump #tariffs #StockMarket #economy #recession #inflation #stupidity #incompetence #destruction #BigOil #OilandGas #oligarchy #billionaires
/20

theguardian.com/us-news/2025/a

The Guardian · ‘Oligarchy’: Trump exempts big oil donors from tariffs packagePar Dharna Noor

#Republican strategist Stuart Stevens, senior advisor for the Lincoln Project, is arguing that monied interests and economic giants #BigTech #WallStreet #bankers #billionaires are complicit in ruining the nation as they blindly follow a president determined to sink markets in both the United States and around the world. #economy #financialstability #risk #economics #Trump #maga #wealth #money #power #politics #fear #complicit #collusion #democracy #congress alternet.org/ceos-trump-polici

Alternet.org · 'Basic betrayal': CEOs terrified of Trump retaliation won’t speak out against policiesPar Adam Lynch
A répondu dans un fil de discussion

@AkaSci
do I have this right?
a #tradeDeficit is the amount we owe another country because we imported more value than we exported to them.

so it does nothing for the trade deficit. The #tariff tax money, paid by the american people, goes to trump cronies and #billionaires not to the countries that we owe.

this "tariff" idea is wrong on so many levels. and the pusillanimous representative wont even say a word because he will call them names.

#WordsMatter

#democracy is more than voting.